Dierikon, 12 May 2017
Media release
2017 Annual General Meeting of Komax Holding AG Shareholders attending the Annual General Meeting of Komax Holding AG, held on 12 May 2017 at the Culture and Congress Center Lucerne (KKL), approved all the pro- posals of the Board of Directors. They elected Dr. Andreas Häberli to the Board of Directors as a new member and approved an increase in the distribution to CHF 6.50 per share.At the Annual General Meeting of Komax Holding AG, shareholders followed the recommen- dation of the Board of Directors and approved all its proposals. Among other things, they ap- proved the appropriation of profit for the 2016 financial year - shareholders will receive a dis- tribution of CHF 6.50 (previous year: CHF 6.00) per dividend-bearing share. CHF 1.50 of this will be paid from capital contribution reserves. This represents a substantial payout ratio of 69.1%. The ex-date will be Tuesday,16 May 2017, and the payment date will be Thursday, 18 May 2017.
Shareholders re-elected all five existing members of the Board of Directors for a further term of office of one year. These are: Beat Kälin (Chairman), David Dean, Kurt Haerri, Daniel Hirschi and Roland Siegwart. Shareholders elected Dr. Andreas Häberli to the Board as a new member. With his election, the Board is gaining additional expertise in the field of digital transformation. The members of the Remuneration Committee are Daniel Hirschi, Beat Kälin and Roland Siegwart.
Shareholders were again given the opportunity to participate in an advisory vote on the Com- pensation Report. They approved this and also the proposed total compensation payable to the Board of Directors and the Executive Committee for the 2018 financial year.
ContactRoger Müller
Head Investor Relations / Corporate Communications Phone +41 41 455 06 16
roger.mueller@komaxgroup.com
Komax is a globally active technology group that focuses on markets in the automation sector. As a leading manu- facturer of innovative and high-quality solutions for the wire processing industry, the Komax Group helps its cus- tomers implement economical and safe manufacturing processes, especially in the automotive supply sector. The Komax Group employs around 1700 people worldwide and provides sales and service support via subsidiaries and independent agents in around 60 countries.
Komax Holding AG, Industriestrasse 6, 6036 Dierikon, Switzerland THE WAY TO MAKE IT
Phone +41 41 455 04 55, www.komaxgroup.com
APPENDIX - Voting results of the 2017 Annual General Meeting Agenda item Proposal of the Board of Directors Yes votes No votes / abstentions Proportion of yes votes1. | Approval of the annual report and financial statements of Komax Holding AG as well as the consolidated financial statements for the 2016 financial year | Yes votes | 2,251,567 | 26,982 | 98.81% |
2. | Discharge of the actions of the Board of Directors and Executive Committee | Yes votes | 2,091,283 | 38,337 | 98.20% |
3. | Appropriation of profit for the 2016 financial year and distribution from capital contribution reserves as well as dividend distribution | Yes votes | 2,275,584 | 2,965 | 99.88% |
4. | Elections | ||||
4.1 | Newly elected to the Board of Directors | ||||
Andreas Häberli as Member of the Board of Directors | Yes votes | 2,273,667 | 4,882 | 99.79% | |
4.2 | Re-elections to the Board of Directors | ||||
Beat Kälin as Chairman of the Board of Directors | Yes votes | 2,071,247 | 207,222 | 90.91% | |
David Dean as Member of the Board of Directors | Yes votes | 2,263,248 | 15,221 | 99.33% | |
Kurt Haerri as Member of the Board of Directors | Yes votes | 2,265,771 | 12,698 | 99.44% | |
Daniel Hirschi as Member of the Board of Directors | Yes votes | 1,901,837 | 376,632 | 83.47% | |
Roland Siegwart as Member of the Board of Directors | Yes votes | 2,193,342 | 85,127 | 96.27% | |
4.3 | Elections to the Remuneration Committee | ||||
Daniel Hirschi as Member of the Remuneration Committee | Yes votes | 1,504,798 | 773,671 | 66.04% | |
Beat Kälin as Member of the Remuneration Committee | Yes votes | 1,807,720 | 470,769 | 79.33% | |
Roland Siegwart as Member of the Remuneration Committee | Yes votes | 2,208,286 | 70,203 | 96.91% | |
4.4 | Re-election of the independent proxy | ||||
Thomas Tschümperlin, lawyer and notary, Lucerne | Yes votes | 2,273,643 | 4,846 | 99.78% |
4.5 | Re-election of the external auditors PricewaterhouseCoopers AG, Basel | Yes votes | 1,962,183 | 316,306 | 86.12% |
5. | Compensation | ||||
5.1 | Advisory vote on the Compensation Report for the 2016 financial year | Yes votes | 1,784,842 | 493,647 | 78.33% |
5.2 | Approval of the total compensation payable to the Board of Directors for the 2018 financial year | Yes votes | 2,240,529 | 37,960 | 98.34% |
5.3 | Approval of the total compensation payable to the Executive Committee for the 2018 financial year | Yes votes | 2,232,915 | 45,574 | 98.00% |
Komax Holding AG published this content on 12 May 2017 and is solely responsible for the information contained herein.
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